Firm Demand for Heavy Native Steer Hides

Author: Alexandra Watts

Firm Demand for Heavy Native Steer Hides

Heavy Native Steer (HNS), Heavy Native Dairy Steer (HNDS) and Dairy Cow (DC) hide demand has been firm due to the strong furniture upholstery business. The majority of hide buying in the US is with immediate shipment or into February. 

November Federal Reserve Economic Data (FRED) were released for the Industrial Production Index for apparel and leather goods reporting a 1 percent decrease the prior month's report and a 21 percent decrease from the prior four-year average for...

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US Retail Shoe Sales Increase

US Retail Shoe Sales Increase

Federal Reserve Economic Data (FRED) reported October 2020 US retail shoe sales data at an increase of $86 million...

Strong Auto Sales Boost Hide Prices

Strong Auto Sales Boost Hide Prices

Hide prices were limited in movement today, with the exception of Heavy Native Steers (HNS) trading at $43...

Hide Prices Trade Sideways

Hide Prices Trade Sideways

Hide prices traded sideways today, as the holiday week has been relatively quiet throughout the marketplace. Mid and low-end...

Week-End Cattle Slaughter Conclude at 665,000

Week-End Cattle Slaughter Conclude at 665,000

The US hide market concludes the week at close to steady trading levels for steer selections and a...

Hide Demand Strong For Upholstery

Hide Demand Strong For Upholstery

Hide demand proceeds to be strong for the upholstery sectors. Buyers continue to be in the market for...

Cattle Slaughter Up From Prior Week

Cattle Slaughter Up From Prior Week

Cattle slaughter concluded the week at an estimated 655,000 head, up 12,000 from the week prior.  At the...

Actual Week-Ending Cattle Slaughter by Classification

Actual Week-Ending Cattle Slaughter by Classification

This USDA data is published every Thursday by the USDA Agricultural Marketing Service (AMS) and reflects actual week-to-date cattle...

Leather Demand Driving Hide Prices Higher

Leather Demand Driving Hide Prices Higher

The US hide prices continue to increase with strong leather demand driving the rally. Today, the light-weight heavy native...

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